One in five persons in developing regions live on less than $1.25 a day – UNSG

One in five persons in developing regions live on less than $1.25 a day – UNSG

One in five persons in developing regions live on less than $1.25 a day – UNSG

Written by Ramesh Irugalbandara

17 Oct, 2014 | 1:24 pm

Issuing a message to mark International Day for the Eradication of Poverty which falls on October 17, UN Secretary General Ban Ki-moon once again urges all member states and partners to act decisively to eradicate poverty and build a sustainable, peaceful , prosperous and equitable future for all. The secretary general notes that our aim should be to ensure prosperity for all and not just a few.

In his message Ban Ki-moon notes that the Millennium Development goals (MDG) have been achieved ahead of time and at least 700 million people were lifted from poverty between 1990 and 2010.  The Secretary General however notes that at least one in 5 persons in developing regions live on less than $1.25 a day. A further 2.4 billion people live on less than $2 a day.

He goes on to say that the world must not lose sight of its goal to eliminate poverty in all its forms while focusing on preparing the post 2015 sustainable development agenda and address the threat of climate change …

Poverty in Sri Lanka has witnessed a gradual reduction ..

Poverty in Sri Lanka has witnessed a gradual reduction ..

Poverty in Sri Lanka

According to the Census and Statistics Bureau the percentage of poor in Sri Lanka has seen a gradual reduction. The poverty headcount ratio which stood at 28.8% during 1995/96 has reduced to 6.7% by 2012/13.

According to latest figures from the latest Poverty Headcount Ratio Brief, the lowest poverty levels were reported from the Colombo district with the figure standing at 1.4%, while the highest percentage was reported from the reported from Mullaitivu district.

The Sri Lanka Poverty Review of 2009/10 states it is very important to have effective policies and programmes not only to reduce poverty but also to reduce the vulnerability of the non-poor who have just escaped the poverty. It also states that     about 90.8% of the poor population has an educational level less than the G.C.E. (O/L).

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